Here’s what we are looking for in tomorrow’s economic reports (March 4, 2021) — Good Luck Trading!
1. AU PMI Services (16:30 ET) Bullish AUD — Stronger manufacturing PMI
2. CAD IVEY PMI and trade (08:30 ET) Bearish CAD — Lockdowns should lead to weaker manufacturing activity
3. US Non-Farm Payrolls (08:30 ET) No Trade — The NFP report is very market moving but difficult to predict
Here’s what we are looking for in tomorrow’s economic reports (March 3, 2021) — Good Luck Trading!
1. AU Retail Sales and Trade Balance (19:30 ET) No Trade — Hard to predict given no changes in Australian PMI
2. EZ Retail Sales and Unemployment Rate (05:00 ET) Bearish EUR — Sharp drop in German retail sales
Here’s what we are looking for in tomorrow’s economic reports (March 3, 2021) — Good Luck Trading!
1. AU Q4 GDP (19:30 ET) Bullish AUD — Trade and Retail Sales improved in Q4
2. EZ PMI Services Revisions (03:55 ET) No Trade — Revisions are hard to predict but can be market moving
3. UK PMI Services Revisions (04:30 ET) No Trade — Revisions are hard to predict but can be market moving
3. EZ PPI (05:00 ET) Bullish EUR — Rise in EZ PPI
4. US ADP Employment Change (08:30 ET) No Trade — ADP is important leading indicator for NFP but hard to predict
5. US ISM Services (08:30 ET) Bullish USD — Likely to be stronger given rise in ISM manufacturing
6. US Fed Beige Book (14:00 ET) No Trade — We do not trade reports
Here’s what we are looking for in tomorrow’s economic reports (March 1, 2021) — Good Luck Trading!
1. RBA Rate Decision (22:30 ET) No Trade — RBA could maintain a cautious outlook due to strong AUD, rate decisions are best traded reactively
2. German Unemployment Report (03:55 ET) No Trade — Modest improvement in job market
3. EZ CPI (05:00 ET) Bullish EUR — Rise in German CPI
4. CAD Q4 and monthly GDP (08:30 ET) Bearish CAD — Retail sales weakened quite a bit in Q4
Here’s what we are looking for in tomorrow’s economic reports (March 1, 2021) — Good Luck Trading!
1. AU PMI Manufacturing (16:30 ET) Bearish NZD — Could see some weakness like NZ data
2. UK and EZ PMIs (04:00 & 430 ET) No Trade — Revisions can be market moving but difficult to predict
3. German CPI (08:00 ET) Bullish EUR < — Oil prices continued to rise. Wholesale prices increased strongly
4. US Manufacturing ISM (10:00 ET) Bullish USD < — Stronger Empire state, weaker Philly Fed
We have just posted our weekly news trading calendar for the week of March 1 2021. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (Feb 26, 2021) — Good Luck Trading!
1. NZ Trade Balance (16:45 ET) Bullish NZD — Sharp rise in manufacturing PMI
2. US Personal Income and Personal Spending (08:30 ET) No Trade — Wage growth slowed but spending was very strong. Could be a wash
3. Revisions to University of Michigan Consumer Sentiment Index (10:00 ET) No Trade — Revisions are difficult to predict but can be market moving
Here’s what we are looking for in tomorrow’s economic reports (Feb 25, 2021) — Good Luck Trading!
1. EZ Confidence (04:00 ET) Bullish EUR — Stronger IFO and ZEW
2. US Q4 GDP Revisions (08:30 ET) No Trade —Revisions are difficult to predict but changes can be market moving
Here’s what we are looking for in tomorrow’s economic reports (Feb 24, 2021) — Good Luck Trading!
1. RBNZ Rate Decision (20:00 ET) No Trade — RBNZ likely to be less dovish but their guidance can be market moving
2. German Q4 GDP (02:00 ET) No Trade —Revisions are difficult to predict but changes can be market moving
3. US New Home Sales (10:00 ET) Bullish USD — Stronger existing home sales
Here’s what we are looking for in tomorrow’s economic reports (Feb 23, 2021) — Good Luck Trading!
1. NZ Retail Sales Q4 (16:45 ET) Bullish NZD — Credit card spending was higher in Q4
2. UK Claimant Count (02:00 ET) Bearish GBP — Services and construction sectors report acceleration in job losses. Manufacturing reports minor job growth
3. EZ CPI (05:00 ET) No Trade —Revisions are difficult to predict but changes can be market moving
4. US Consumer Confidence (10:00 ET) Bullish USD — CRecord highs in stocks along with vaccine rollout should boost confidence
Here’s what we are looking for in tomorrow’s economic reports (Feb 22, 2021) — Good Luck Trading!
1. German IFO Report (04:00 ET) Bullish EUR — Stronger ZEW. PMIs were mixed but mostly stronger
We have just posted our weekly news trading calendar for the week of Feb 15, 2021. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
